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Ethereum (ETH) Price Prediction for April 10
After analyzing the current market situation and technical indicators, we are presenting a price prediction for Ethereum (ETH) as of April 10.
In the short-term perspective, if the daily bar closes near the formed support of $1,560, one can expect a level breakout, followed by a further decline to the $1,550 zone. This could be a sign that sellers have taken control and are pushing prices lower.
From the midterm point of view, we should focus on the weekly candle’s closure in terms of the $1,521 level. If it breaks out, the correction is likely to continue to the $1,300-$1,400 range.
As Ethereum is currently trading at $1,570, investors are advised to pay close attention to the price action and be cautious of potential short-term losses.
It’s essential for traders to remember that every investment involves risk, so it’s crucial to conduct thorough research before making any decisions.
Source: https://u.today/ethereum-eth-price-prediction-for-april-10
